
EFC Achieves Over 90% Occupancy at Pune's Sprint Business Center
EFC (I) Limited has announced that its Sprint Business Center in Wakadewadi, Pune, has reached over 90% occupancy in a record time. This facility, which is a fully owned asset of the company, is spread over 49,556 sq. feet and has been developed into a premium A-Grade commercial workspace.This operational milestone points to strong demand for high-quality, managed office spaces within Pune's commercial real estate market. The property has been successfully leased out to Large Enterprise and Multinational clients, thereby strengthening the Company's premium tenant portfolio.
The rapid stabilization of occupancy at the facility demonstrates several key aspects:
- Strong market absorption for premium Grade-A office infrastructure.
- EFC's brand credibility and client trust.
- Efficient leasing and operational turnaround capabilities.
- Strengthening recurring revenue visibility from owned assets.
The successful leasing activity further solidifies EFC's standing as an integrated workplace infrastructure and design ecosystem player. The company combines ownership, development, and managed workspace solutions under one platform.
Established in 2014 by first-generation entrepreneur Mr. Umesh Kumar Sahay, NSE and BSE Listed EFC (I) Limited is headquartered in Pune. The company manages over 73,000 seats across more than 90 centers in eleven cities across nine states. EFC (I) Limited employs around 500 people and provides high-quality working spaces to over 720 reputed corporates, including both Indian and global names.
EFCIL Stock Price Movement
Shares of EFC (I) Limited are edging higher to ₹193.64 as of 2:55 PM today, gaining 0.07% in live trading. The stock is moving on heavy flow, seeing 111,959 shares traded so far in the session.Source:
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